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Updated over 6 years ago on . Most recent reply

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David Tamayo
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First Commercial Property

David Tamayo
Posted

Hi Im just starting out as a wholesaler I have one deal under my belt.  I have been fortunate enough to come across a commercial deal ( Auto Body ) which i quickly put under contract for 2.5m. I have a buyer which I pitched it to, and to my surprise loved the deal. When I sent it over I placed the asking price at 2.9m. I do understand commercial and residential properties are different. What will be the steps needed in order to close this deal. Should I find an attorney and have them work it out with the title company. Im also afraid they won't like the amount that is left in between. Can a normal title company close on commercial deals.

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